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46 Acres Hwy 81 & E RC Rd
Bowie, TX 76230
Asking Price
$650K
Asset Type
Residential Retail
Class
Class B
What's Special
Retail <h3>Property Highlights</h3><ul><li>46 acres</li><li>Agricultural exemption currently in place</li><li>Approximately 2,800 feet of highway frontage</li><li>Two high-production water wells producing approximately 100 GPM</li><li>Electricity available on the property</li><li>Ideal for residential subdivision, multifamily development, or manufactured housing community</li><li>Potential to maintain agricultural exemption and continue hay production</li><li>Strong investment and development p
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856
